Doomsday Call

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Doomsday Call

A provision in a bond or other fixed income security allowing the issuer to redeem the security before maturity. When a doomsday call is exercised, bondholders are paid a fixed amount, either the par value or a certain percentage depending on the nature of the provision. Bond issuers include doomsday calls in some agreements to hedge against interest rate risk. That is, if interest rates lower significantly, they can exercise the doomsday call and issue a new bond at a lower interest rate. Informally, they are known as Canada calls, as they are relatively common on Canadian corporate bonds. See also: Callable bond.
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Canada calls on the Government of Sudan to do its utmost to see that the perpetrators of these crimes are swiftly identified and brought to justice.
Explorer of the Seas will continue year-round service from the New York area to Canada; Grandeur of the Seas will offer Bermuda and Caribbean sailings from Norfolk, VA, and Canada calls originating from Baltimore; and Jewel of the Seas will operate out of Boston offering Canada calls.
UNICEF Canada calls for a National Children's Commissioner to Protect Children's Rights.
Almost 15 per cent of Canadians worry thev will not have enough to eat--what Statistics Canada calls "food insecurity.
The agreement between Vastera and Autoliv Electronics Canada calls for Vastera to provide its Managed Services offering, which includes classification, broker management, trade compliance with NAFTA provisions, and duty management, for Autoliv Electronics Canada's manufacturing plant in Markham, Ontario.

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